OPEC expects oil demand to rise to 5.95 million barrels per day

Baghdad The Organization of Petroleum Exporting Countries “OPEC” stuck, on Thursday, to its expectations about the growth of the global economy without a decline at 5.5% for the current year.

The Organization indicated in its monthly report, that it “expects a strong recovery in global oil demand in 2021, led by the United States and China,” revealing “the presence of uncertainty surrounding the course of the Corona epidemic.”

The organization explained that “demand will rise by 5.95 million barrels per day this year, equivalent to 6.6 percent,” noting that “this forecast has not changed for the second month in a row.”

Source: National Iraqi News Agency